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Tuesday, April 22, 2008

If the former MVP is released by the Seahawks, it would be important for him to make the shrewd decision to retire, while still accumulating large sums of money. Alexander had a prolific career from 2001-2005, playing in every game and accruing 1175-1880 yards every season with fourteen or more touchdowns each year.

Alexander’s agent, Jim Steiner, told The Associated Press Tuesday that “an announcement is pending” about Alexander’s future with the Seahawks. Reports surfaced Tuesday morning that Alexander was about to be cut by the team, but not until after he passed a physical. Alexander had surgery after the season on his left wrist, which he broke last season, and must pass a physical before Seattle could release him, otherwise Alexander could file an injury grievance.

The 30-year-old running back is scheduled to earn $4,475,000 in 2008. He has received $18.8 million in base salary so far on his $62 million, eight-year contract, which Steiner at the time said was the richest ever for an NFL running back. Alexander has also received about $13.5 million guarantees through signing and other bonuses.

Alexander has had two injury-filled and ineffective seasons since signing his deal, including last season in which he ran for just 716 yards in 13 games. That was his lowest total since 2001. So his trade value is lower than ever.